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BlackRock's iShares Bitcoin Trust (IBIT) has overtaken the iShares Gold Trust (IAU), in assets under management (AUM). BlackRock's IBIT has garnered around $33.1 billion in AUM, overshadowing IAU, whi
After a monster week bolstered by Donald Trump's re-election, BlackRock's iShares Bitcoin ETF is smashing records.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
New Bitcoin wallets have reportedly amassed $145 million, increasing market optimism. There is optimism about a more transparent regulatory climate for crypto in the US.
At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets
Tom Lee, head of research at Fund Strat Global Advisors and Chief Investment Officer at Fund Strat Capital, appeared on CNBC for his first post-election discussion. He reflects on the election outcome

Blackrock's Bitcoin ETF flips gold fund

01:05pm, Friday, 08'th Nov 2024
Blackrock's IBIT ETF now holds upwards of $33 billion in assets, more than the asset manager's gold fund.
As DeFi loans surge, BTC and ETH remain exposed.
Bitcoin (BTC) broke out of its all-time high on November 6, currently consolidating above that level before its next move. In the meantime, a cryptocurrency trading expert has set his BTC price target
Bitcoin (BTC) traded with conditions not seen since late 2021, reaching peak levels for its open interest to market cap ratio. Peak open interest creates risk of deleveraging and a drawdown.
BlackRock's spot Bitcoin ETF, also known as IBIT, dominated trading volume on November 6 with over $4 billion traded.

Don't Lose Sight Of The Bitcoin Mission

12:32pm, Friday, 08'th Nov 2024
Fighting for transaction privacy needs to remain at the core of why we're here.
U.S. spot bitcoin exchange-traded funds (ETFs) saw a record-breaking $1.38 billion inflow on Nov. 7. ETF Investors Want More Bitcoin The staggering inflow of $1.38 billion into bitcoin ETFs set the re
Standard Chartered projects a fourfold increase in the digital assets market cap, reaching $10 trillion by the U.S. mid-term elections in late 2026. What Happened: According to a new note from Geoffre
Bitcoin (BTC) surged past $76,000 on Friday, November 8, reaching an all-time high as political certainty surrounding the U.S. presidential election provided a boost to the cryptocurrency.
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